EMCC European Monitoring Centre on Change

Palmers Textil

Company/Organisation:
Palmers Textil

Geographic Location

Country: Austria

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
13 - Manufacture of textiles
Number Employed: 1800

Employment Effects

Announcement Date: 21-07-2003
Planned Job Reductions min: 100
Planned Job Reductions max: 100
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-07-2003
Foreseen End Date: 01-12-2003

Additional Information

Palmers company is the largest producer of textiles in Austria today. Palmers group employs 1,860 employees and has more than 216 European branches, making it the largest underwear supplier in Europe. More than 100 jobs on the 1,800 should be suppressed in 2003.